RTI Submissions
Service detail
Real Time Information (RTI) submissions are a vital part of modern payroll processes in the UK. They ensure that your payroll records are up-to-date and compliant with HMRC regulations. At Swing House Ltd, we offer expert RTI submission services that make the payroll process efficient, accurate, and hassle-free. Whether you are submitting payroll data weekly, monthly, or annually, we ensure that your RTI submissions are completed on time, reducing the risk of errors and penalties.
Full Payment Submissions
The Full Payment Submission (FPS) is the main RTI report that employers send to HMRC every time payroll is processed. It includes details such as employee earnings, tax, National Insurance, statutory deductions, and any adjustments from previous pay periods
Employer Payment Summary
An Employer Payment Summary (EPS) is a supplementary RTI submission sent to HMRC when there are no employees to pay or if you need to report adjustments such as statutory payments, overpayments, or underpayments in the tax year.
Reporting and Reconciliation
We handle the monthly and annual RTI submissions for your business, ensuring that both the FPS and EPS are submitted on time, and that they are fully reconciled with your payroll records.
PAYE Reporting for HMRC
RTI submissions include detailed PAYE (Pay As You Earn) information for each employee, including their wages, tax, and National Insurance contributions.
Statutory Payments Reporting
We ensure that these statutory payments are correctly reported in the FPS to HMRC, and we also make the necessary adjustments when employees are on leave or receiving benefits.
RTI Compliance and Penalty Management
We ensure that all your RTI submissions are completed on time, reducing the risk of any penalties or fines.